In a major blow to Elon Musk, the world's richest man, European Union tech regulators have imposed a USD 140 million (Rs 1259 crore) fine on his social media company X for breaching EU online content rules. The breaches of the bloc’s digital regulations could leave users exposed to scams and manipulation, they said. The European Commission issued its decision following an investigation it opened two years ago into X under the 27-nation bloc’s Digital Services Act.

Also known as the DSA, it's a sweeping rulebook that requires platforms to take more responsibility for protecting European users and cleaning up harmful or illegal content and products on their sites, under threat of hefty fines.

What European Union regulators said

The Commission said it was punishing X (formerly Twitter),

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